Signature Bank (NASDAQ:SBNY) Coverage Initiated at StockNews.com

Research analysts at StockNews.com assumed coverage on shares of Signature Bank (NASDAQ:SBNY) in a research report issued to clients and investors on Monday. The firm set a “sell” rating on the stock.

Signature Bank Trading Up 6.7 %

Shares of NASDAQ:SBNY opened at $0.80 on Monday. The stock has a 50-day simple moving average of $1.00 and a 200-day simple moving average of $1.27. Signature Bank has a 1 year low of $0.02 and a 1 year high of $4.10.

Signature Bank Company Profile

As of March 12, 2023, Signature Bank went out of business. Previously, the company provided digital assets banking services and comprised of certain loan portfolios. The company was incorporated in 2000 and is based in New York, New York. Signature Bank now trades on OTCPK.